Merchants are increasingly adopting multi-acquirer payment systems to enhance their control over transactions, according to a new report.
This strategy not only enables them to negotiate better terms but also provides a reliable safety net, ensuring their payment systems are robust and effective under a variety of operational scenarios.
BR-DGE‘s whitepaper, How to Keep Your Customers in a Multi-Acquirer World, suggests that payment orchestration streamlines the integration of various payment methods and acquirers. This flexibility enables merchants to manage multiple payment relationships smoothly, adapting to consumer preferences and staying competitive without reliance on complex or outdated systems.
The payment orchestration company, which works with global enterprise businesses across sectors including transport, travel, igaming, digital goods and online retail, recently revealed it grew its clients by 75 per cent last year from 2023.
Commenting on the whitepaper, Thomas Gillan, CEO of BR-DGE, said: “With this whitepaper, we’re sharing our knowledge and expertise with enterprise-level businesses around the world so that they can unlock transformational strengths and game-changing growth opportunities by leveraging payment orchestration. BR-DGE is proud to consistently delivering best-in-market technology to suit the unique and divergent needs of businesses, wherever they are in the payments value chain.”
The whitepaper
BR-DGE’s whitepaper addresses the complexity of the current payments arena to ensure that merchants, acquirers, PSPs, ISVs and other ecosystem players understand and have a plan for exactly how they can maximise their payments offering for customers.
The whitepaper also explores what payment orchestration really is, and why it is quickly becoming a must-have for successful businesses.
It addresses the benefits and challenges of multi-acquirer setups, noting that while they offer flexibility, they can also lead to fragmented systems and higher costs. It also explains how payment orchestration platforms can help businesses manage multiple providers more easily.
Insights from Mastercard, PSE Consulting, Flagship Advisory Partners and Computop are included to provide perspectives on multi-acquirer environments.
